Truist Financial

Senior Product Manager - Brokerage & Retirement Products (ERISA/401K)

Truist Financial

Charlotte, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Truist Financial, where we are committed to helping our clients achieve financial success and security. We are currently seeking a highly experienced and driven Senior Product Manager to join our team and lead our Brokerage and Retirement Products division, specifically focusing on ERISA and 401K products. In this role, you will have the opportunity to shape and innovate our product offerings in the rapidly evolving landscape of retirement planning. We are looking for a results-oriented individual with a strong understanding of ERISA regulations and 401K plans, as well as proven experience in product management. If you are passionate about helping individuals and businesses plan for their financial future and have a deep understanding of the retirement industry, then we want to hear from you. Join us at Truist Financial and make a meaningful impact on the lives of our clients.

  1. Lead the Brokerage and Retirement Products division at Truist Financial, with a specific focus on ERISA and 401K products.
  2. Develop and implement product strategies that align with Truist Financial's overall mission and goals.
  3. Stay up-to-date with industry trends and regulations related to ERISA and 401K plans to ensure compliance and innovation in product offerings.
  4. Collaborate with cross-functional teams, including sales, marketing, and operations, to develop and launch new retirement products.
  5. Conduct market research and analysis to identify new opportunities for product development and growth.
  6. Define product requirements and specifications, and work closely with the development team to bring new products to market.
  7. Monitor and analyze product performance, making recommendations for improvements and adjustments as needed.
  8. Train and educate internal teams on product features, benefits, and updates.
  9. Serve as a subject matter expert on ERISA regulations and 401K plans, providing guidance and support to clients and colleagues.
  10. Develop and manage relationships with key stakeholders, including government agencies, industry associations, and external partners.
  11. Represent Truist Financial at industry events and conferences to promote our retirement products and services.
  12. Drive revenue growth and profitability for the Brokerage and Retirement Products division.
  13. Mentor and coach junior product managers, providing guidance and support in their professional development.
  14. Maintain a customer-centric approach, seeking feedback and utilizing it to continuously improve our product offerings.
  15. Demonstrate a strong commitment to Truist Financial's values and promote a positive and inclusive work culture.
Where is this job?
This job is located at Charlotte, NC, USA
Job Qualifications
  • Extensive Knowledge Of Erisa And Retirement Products: A Senior Product Manager In This Role Should Have A Deep Understanding Of Erisa Regulations And Retirement Products, Including 401(K) Plans, Iras, And Other Investment Vehicles.

  • Proven Experience In Product Management: The Ideal Candidate Should Have A Strong Track Record Of Successfully Managing And Launching Financial Products, Preferably In The Brokerage And Retirement Space.

  • Strategic Thinking And Problem-Solving Skills: As A Senior Product Manager, The Individual Will Be Responsible For Developing And Executing Product Strategies And Solving Complex Problems. Strong Analytical Skills And The Ability To Think Strategically Are Essential For Success In This Role.

  • Strong Leadership And Communication Skills: This Role Will Require Collaborating With Cross-Functional Teams, Including Sales, Marketing, Operations, And Legal, To Bring New Products To Market. The Senior Product Manager Should Possess Excellent Leadership And Communication Skills To Effectively Lead And Influence These Teams.

  • Understanding Of Market Trends And Competitive Landscape: In Order To Stay Competitive, The Senior Product Manager Should Have A Keen Understanding Of Industry Trends And The Competitive Landscape In The Brokerage And Retirement Products Space. This Includes Keeping Up With Regulatory Changes, Customer Preferences, And Emerging Technologies.

Required Skills
  • Risk Management

  • Financial Analysis

  • Product Development

  • Project Management

  • Data Analysis

  • Market Research

  • Compliance Knowledge

  • Customer needs assessment

  • Stakeholder management

  • Retirement planning

  • product strategy

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Product Manager - Brokerage & Retirement Products (ERISA/401K) in Charlotte, NC, USA is between $120,000 and $150,000 per year. This number can vary depending on factors such as the specific company, years of experience, and additional skills and certifications.

Additional Information
Truist Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 6th, 2024
Apply BeforeJuly 20th, 2025
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About Truist Financial

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.

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